From Deseret News archives:
Will Huntsman skip tax cut?
Sources say he'll push for teacher pay boost, uninsured health care
- Page:
- < Previous
- 1
- 2
- 3
- Next >
Huntsman's new budget will likely top $12 billion, continuing a rise in recent state government spending beyond population and inflation growth.
And there's going to be a lot of money in 2008.
"Not only do we have a lot of one-time money" through tax collection surpluses, says Rep. Greg Hughes, R-Draper, chairman of the House's conservative caucus. "I'm hearing we're going to have a lot of (new) ongoing tax revenue, as well."
The state's two "rainy day" surplus accounts have both topped out by law no more money can go into the $300 million funds. An October revenue update (a new update will come with Huntsman's Monday budget release) estimated tax surpluses in the current budget year upward of $400 million.
Yes, the state has multibillion-dollar transportation needs, including rebuilding and expanding I-15 in Utah County and I-80 from State Street to Parley's Canyon in Salt Lake County. And it's true that lawmakers and Huntsman have been pouring hundreds of millions of dollars in sales tax and other general revenues into roads for several years.
Paying cash for roads with today's general revenue tax surpluses goes against both of those long-held policies.
The state is seeing a crush of new public school students, and veteran schoolteachers retiring a double whammy on the education front.
But the state has faced rapid school enrollments before, some lawmakers say. And along with many of the new kids will come parents earning ever-increasing wages and making new purchases both taxable.
"We have to keep state spending under control," warns Hughes, who, along with his conservative caucus, yearly attempts to slow the growth in state programs.
While Utah government had to actually cut many state programs in the early 2000s when tax collections fell $700 million short over several years state revenues rebounded with a vengeance. Including only state not federal dollars, state spending went up by nearly a third over the past two budget years even while $310 million in tax cuts were adopted.
- Page:
- < Previous
- 1
- 2
- 3
- Next >
Recent comments
Rhino is Funny, This state and Feds have been Repubs for the last...
Goose | Dec. 8, 2007 at 9:36 p.m.
The money is to keep at least a few teachers here.
You
don't...
Hey RINO | Dec. 8, 2007 at 7:24 p.m.
I too am disappointed in Governor Huntsman and others who say one...
INTERESTED GREAT GRANDMOTHER | Dec. 8, 2007 at 5:35 p.m.
- No-pull leash is a hit 10:34 a.m.
- 101 Ideas: Great holiday ideas 10:32 a.m.
- Make your own holiday centerpiece 10:29 a.m.
- Obama: Troop drawdown gradual 9:29 a.m.
- Exports up 6th straight month 9:24 a.m.
- Austria passes gay civil unions bill 9:18 a.m.
- EU seeks united front on climate 9:16 a.m.
- Nobel returned to Iranian laureate 8:46 a.m.
- Stocks rise on trade deficit, jobs data 8:45 a.m.
- Gay-friendly curriculum phased out 8:43 a.m.
- Crash landing next to I-15
- Palin signs books, chats with fans
- Psychologist: Mitchell schizophrenic
- Panel passes BCS playoff bill
- Nude bathers cited for lewdness
- Hot Rod behind mic for Lakers
- Max Hall wants to look ahead
- Cougars use depth to beat ASU
- Non-BCS schools not given fair shot
- Jazz fall apart late at L.A.
- Letters: Global warming a lie
235 - TCU to play Boise in Fiesta Bowl
206 - BYU football: Bronco weighs in on Hall
186 - Cougars going back to Vegas
150 - Utah/BYU rivalry can be more civil
147 - Andersen apologizes for Jordan hoax
138 - Max Hall wants to look ahead
120 - Palin signs books, chats with fans
117 - Revive full food tax?
101 - Panel passes BCS playoff bill
99
Love him or hate him, Utah Sen. Orrin Hatch knows how to get attention.
My wife Lisa and I would prefer never to argue. But that's not going to...
For the latest news in the health care debate and how it affects you...
No one but Tiger Woods can live Tiger Wood's life. He made choices that...
... an anti-gay law that punished gays with the death penalty or life in...
Just wear a swimsuit. Good grief.
Using umbrellas as dance props was a master stroke, on someone's part. It...
Wealthy conservatives, after having redistributed a mass of wealth from...
The tally thus far: Boise 2 BCS Bowls BYU 0 BCS Bowls
Did Tiger make a mistake? Yes. Is he probably the world's best golfer? Yes....
Either you didn't read the article, or you didn't understand it. If four...
Pitta is a good man and deserves to win.
The "free market" has left us with a national 10% unemployment rate. The...


